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it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> we look back republican senator rand paul from the state of kentucky. senator paul, welcome, as always. i w
. three major stories tonight and they all have financial and political fallout. starting in michigan where protesters stormed the state capitol to fight a right to work vote. >> on the way, and this issue boils down to fairness. but there are different opinions and viewpoints. we have details straight ahead. >> larry, at the white house we have a flurry of activity on the fiscal cliff. exchange of offers and not sure how much real progress there is. but we'll have the details. >> and optimism. and the fed driving the market higher. first time since mid october. the kudlow report begins right now. >> all right but we begin with the breaking news coming out of michigan where republican governor snyder just signed into law a right to work bill. lawmakers passed it today despite thousands of union workers who came to protest. we have the late ev. good evening ron. this one got pretty rowdy didn't it? >> it did indeed. but because there were two arrests as we are told. two people tried to storm into the governor's office building across the street. police were happy with how folks hafed t
the michigan right to work effort like he did in wisconsin and he's going to lose this one in michigan. meanwhile the economy and jobs are improving but the use of budget busting food stamps continues to soar. could the aggressive food stamp reason why? wait until you hear some of the radio ads. >>> proeb jumped head first into a right to work law today in michigan. eamon javers has the details. good evening. >> reporter: good evening. we are monitoring fiscal cliff talks. it's been radio silence from democrats and republicans in washington. they're sticking to preagreed upon talking points explaining that lines of communication are open. we don't know what it is speaker baner and barack obama are hashing out behind closed doors but more republicans are gravitating to the idea of compromising on a tax rate increase so long as they can get what they want for spending and entitlement cuts. listen. >> those rates are going up. we either act now to keep them from going up from as many people as possible or they will go up on everyone. that's a disaster. let's recognize reality, take care o
, look at these violent scenes from michigan. the right to work battle was far from peaceful in the state capital yesterday, and it's not over. why are these unions so angry about giving workers free choice? why is so much of the news media carrying the union's water by not reporting the story? we'll have some answers in just a little while. now, the market gyrated today over ben bernanke and the fed. at first they loved the new bond buying and money printing message. but then they gave up all their gains feeling unemployment may drop faster and the party would somehow be over. i'm not sure i understand this but we'll ask our experts mike, i gue i guess the idea is maybe the unemployment gets to 6.5% and the 0 interest rate goes up, why would that be bad? sometimes i don't understand the stock market at all. >> i don't think it's the employment figure. i think it's the inflation number that bernanke threw out there, larry. you also mentioned 2.5% inflation as being certainly that would look him put the brakes on. we look at treasuries relative to tips, it's a at 3.08%. i think the market
. >> the problem is, in michigan we just had a referendum on a pretty strong emergency manager law we had in place. we go back to the old one now. and it's weaker. and the one thing that it won't be able to do is renegotiate those government worker contracts. which is what we need. >> then maybe governor snyder's got to be tougher. maybe he's got to come in with executive powers, doc. i don't know the state constitution. just saying it's very clear first of all detroit may be the largest bankruptcy in the country that. may be right on its way. second of all they are not going to be bailed out. obama is spending enough money and raising enough tax hikes, anyw anyway. and third, they can't govern themselves. this is not a new problem. this didn't just happen last week. this has been going on for years. >> larry, 60 years it's been one-party rule. along with that comes one attitude. one ideal system. and it certainly hasn't worked. i have a couple of suggestions, though. we can pass the hat if you're willing to throw in a couple of dollars. we don't have a hat to pass because we're so poor. if you're
by the nlrb to interfere with the michigan right to work election allowing workers to decide their own paycheck? any interference by the nlrb for an election that went against unions? >> at this point, we don't see any. but what we do see is this board has been biased in favor of, if you want to union yize they're r you, if not, they're on the other side. and that's part of president obama's -- he doesn't apologize for it -- his pro-union agenda. but it's one of the reasons these right to work states continue to be voted. in fact, an open shop state is a state that's more attractive to business investment. >> sure, absolutely. chairman darrell issa, we preer appreciate your work on this particular investigation. thanks for coming back on the show. >> anytime. >>> switching gears now, portions of the accountability report on benghazi will be released to the public on wednesday, a day ahead of hearings on the raid that took the lives of ambassador chris stevens and three other americans. secretary of state clinton was given the report today but she won't testify thursday because she's re
Search Results 0 to 5 of about 6

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